Some threats to an auditors independence are as followed:
Familiarity threat - when the auditor has some form of a close relationship with the client (be it the top management or employees, or the firm) which may cause them to be generous and sympathetic when assessing the client
Intimidation threat - when the auditor is deterred from acting in an objective, professional manner as a result of threats (real or not) from the client
Internal & External auditors has difference in scope of their work and that's why different independence levels are expected from both of them as external auditors are the auditors who has to provide their independent opinion regarding the financial statements of any company, they are required to display independence from the management of company while giving opinion about fair activities. On the other hand internal auditors are the auditors who are appointed by the top management of the company to prepare and implement the risk assessment measures and to keep an independent eye on the overall operations of company that's why they are independent from operations of company and directly reportable to top management of company like shareholders auditor board etc so in this sense they are also somewhat independent from company as well.
Use an apostrophe if you want to show possession. Example: auditors' book
accountants must be like lawyers. auditors must be like a jurry.
Generally, no, as they do not have the technical training to perform the work required. Also, there are many cases where performing the valuation was create an independence issue and disqualify the auditor's firm from performing the audit.
The auditors appointment letter is the official letter that confirms the appointment a given auditor to a given institution.
The auditor and his/her firm must be free, in both fact and appearance, from all types of impairments of independence
Internal & External auditors has difference in scope of their work and that's why different independence levels are expected from both of them as external auditors are the auditors who has to provide their independent opinion regarding the financial statements of any company, they are required to display independence from the management of company while giving opinion about fair activities. On the other hand internal auditors are the auditors who are appointed by the top management of the company to prepare and implement the risk assessment measures and to keep an independent eye on the overall operations of company that's why they are independent from operations of company and directly reportable to top management of company like shareholders auditor board etc so in this sense they are also somewhat independent from company as well.
auditors remuneration
The Institute of Internal Auditors provides a certification program for candidates who seek to be certified internal auditors (CIA).
Institute of Internal Auditors was created in 1941.
They should, but can't. Due to threats of war from China, Taiwan may not declare it's independence. Even though it's technically a country.
How make is performance appraisal of Internal Auditors
Yes, they can. Though on some procedural grounds, auditors can sure be dismissed.
Use an apostrophe if you want to show possession. Example: auditors' book
accountants must be like lawyers. auditors must be like a jurry.
Internal auditors identify control problems and develop solutions for improving and strengthening internal controls. Internal auditors are concerned with the entire range of an organization's internal controls
"I wish I knew how to use auditor in a sentence!"